FORUMS > The Virtual Terrace > Bulls announce record sponsorship |
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| Quote: frank5613 "No but its OK for a RL club to profit from these kind of companies'"
So what?
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| Quote: frank5613 "No its a company what charges people that cannot get loans or credit a mer 4000+% interest, id rather it was a beer company, fag, or glass company, but its only a company who rips people off who cannot do nothing about it, but so long as that part of the business is kept quiet its a great sponsorship'"
Really? On their website the max APR for a loan is 1065%, not 4000. Not that APR is relevant for a short term loan.
For a short term loan company they seem a more responsible one than the likes who offer 4000% APR loans. Plus they own the Vanquis credit cards.
They are filling a gap in the market providing credit and loans to those who can't get them, at a far lower rate than their flashy rivals. They're a FTSE 250 company who've just invested over £1m in to a recently stricken rugby league club. Why on gods green earth are you portraying this as a negative? Which companies do you consider acceptable to sponsor rugby league clubs?
Only in rugby league. ![Rolling Eyes icon_rolleyes.gif](images/smilies//icon_rolleyes.gif)
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| Quote: frank5613 "No its a company what charges people that cannot get loans or credit a mer 4000+% interest, id rather it was a beer company, fag, or glass company, but its only a company who rips people off who cannot do nothing about it, but so long as that part of the business is kept quiet its a great sponsorship'"
Thats why RL isn't making much money. We struggle to attract sponsorship as it is, narrowing it down to "sponsors that look nice" isn't going to help get money into the sport. The company does nothing illegal, no one forces the public to go to them, it is their CHOICE. If you wanting a squeaky clean company that doesn't exploit people or rip people off then thats most sponsorships down the drain!
Don't remember much of a fuss when Blackpool or Newcastle signed mega deals with similar companies.
Only in RL would we moan about a massive sponsorship deal.
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22/03/2013
Get LEIGH outta wigan: |
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| i wonder if they're offering bradford better loan facilities than the bank
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| Quote: j.c "i wonder if they're offering bradford better loan facilities than the bank'"
They're paying them £300k a year over the next four years to be their main sponsor. Didn't you read the release?
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22/03/2013
Get LEIGH outta wigan: |
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| Quote: Wheels "They're paying them £300k a year over the next four years to be their main sponsor. Didn't you read the release?'"
just cos its not been announced doesn't mean it isnt happening
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| the Guardian.co.uk tels the amount they are charging in interest, or watch BBC 10pm on Wednesday when the man who works for them tels how much they charge, but who cares its only the people on £6 per hour, they wont effect us, i would rather my team where sponsored by Durex, at least they do some good :
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| Quote: j.c "just cos its not been announced doesn't mean it isnt happening'"
Riiiiiight.
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| Quote: frank5613 "the Guardian.co.uk tels the amount they are charging in interest, or watch BBC 10pm on Wednesday when the man who works for them tels how much they charge, but who cares its only the people on £6 per hour, they wont effect us, i would rather my team where sponsored by Durex, at least they do some good
No it doesn't. It mentions how much APR payday loans companies charge. Not how much this company charges. Go on their website and try and get a small, short term loan for 4000%, it's not possible.
But hey, let's just stick to beer and fags companies, they don't hurt anyone...
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HULL KINGSTON ROVERS is my religion, Craven Park is my church and Jordan Abdull is my God: |
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| Well done Bradford Bulls new owners, should see them being competitive again soon, good news.
If you don't like the APR on a loan, don't take it out.
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| I have my doubts (more than that actually - it just isn't) that this is a record SL sponsorship deal, especially as stadium naming rights have been bundled in with the shirt sponsorship which makes it pretty good value to the sponsor. Nonetheless, it's good for the Bulls to be getting some new backing from big, local businesses.
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| Quote: MjM "I have my doubts (more than that actually - it just isn't) that this is a record SL sponsorship deal, especially as stadium naming rights have been bundled in with the shirt sponsorship which makes it pretty good value to the sponsor. Nonetheless, it's good for the Bulls to be getting some new backing from big, local businesses.'"
I would suggest it probably is the Bulls record SL sponsorship deal, rather than a ' whole of SL' record deal , obviously as you say, it is a combined deal ( shirt and naming rights ) which can be promoted in a very positive way, we cannot really blame them for that
It is however a very good deal for the Bulls and will hopefully put them in a good position to stabilize their finances for the near future
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| Quote: MrPhilb "www.guardian.co.uk/commentisfree/2012/sep/09/payday-loans-shaft-the-poor?mobile-redirect
Its clear they run a shocking company with no ethics, as highlighted in this article. However it is not the job of the Bradford Bulls, to pass laws to stop payday loans companies scamming the vulnerable in our society. That is the job of the government, pressure should be on them to put a stop to this, not on the impoverished bulls to turn down much needed sponsorship money to help them keep trading.
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| Quote: jonny the leyther "
If you don't like the APR on a loan, don't take it out.'"
That's a rather silly response.
The serious point is that such companies prey on people who have no other options. With the choice of starve and freeze or take a loan to feed your kids, what would you do?
It's perverse that the more you need money, the more you have to pay to borrow. If, as they say, it is to reflect risk, they would charge less, not more.
Banking is corrupt.
Nearly got into a rant there...
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